Marketing content

Why invest in Bilihome

Clinically validated solution: Bilihome is the first to offer a fully wearable, battery-powered phototherapy solution for neonatal jaundice, allowing treatment without separating babies from their parents.

Large, growing market: With over 14 million cases of neonatal jaundice globally each year, Bilihome targets a €3 billion addressable market.

Recurring revenue model: The combination of device sales, consumables, and pay-per-treatment services creates scalable and recurring income streams for long-term growth. And hospitals are saving costs when using it.

Backed by institutional investors and founders: Health Innovations, OostNL and the two founders of Bilihome are co-investing at the same economic terms as crowd investors. Their participation reflects strong confidence in Bilihome’s growth potential and is led by experienced medtech investors who recognize the company’s strategic value.

Clear exit strategy within five years: The shareholder agreement includes a commitment to pursue an exit within five years, with a strategic acquisition as the most likely outcome. Based on expected valuation growth following CE certification and international expansion, the founders project a potential return of 4–5x on investment.

Margret Huenerbein, CEO

“At Bilihome, we believe that no newborn should be separated from their parents for a treatment that can be safe, effective, and comforting at the same time. Our wearable phototherapy system is designed to transform how jaundice is treated — enabling bonding, breastfeeding, and better outcomes, right from day one. With your investment, we can scale this innovation to hospitals and homes across Europe, scale in Asia, USA and Middle East to help millions of families stay together when it matters most.”

Margret Huenerbein, CEO of Bilihome

Investment information

Days to invest:
33
Investing round ends:
16/07/2025
Type:
Equity offering
Invested so far:
€1,620,993.28
Equity offered:
7.49 – 29.10 %
Price per share:
€2.32
min investment 108 shares
Transaction costs:
1.50 %
Number of existing shares:
3,010,781
Fully diluted shares:
3,474,016
Pre-money valuation:
€8,059,717.00
Maximum issue size:
€5,000,175.36
Offered units:
2,155,248
Broker:
Oneplanetcrowd International B.V
License:
ECSPR

Overview

Company profile

Bilihome is a Dutch medtech company redefining neonatal jaundice treatment for newborns through wearable phototherapy. Founded in 2019 and headquartered in Nijkerk, the company’s mission is to eliminate parent and child separation during treatment. Its clinically validated solution enables babies to stay in their parents’ arms while receiving hospital grade care. Having evolved from a research-driven venture into a commercial scaleup, Bilihome is preparing for market entry in 2025. The patented product line includes CE-certified garments and a wearable light therapy device currently under final review for CE approval. Bilihome offers hospitals a smart and cost effective alternative that shortens hospital stays, reduces nursing time, and frees up beds while improving outcomes for families.

The solution 

Bilihome Jauni® is a soft, wearable phototherapy romper that enables effective, hospital-grade treatment while supporting breastfeeding and bonding. The device is safe, CE-in-progress, and designed for both hospital and home settings. Recurring revenue is generated through the garments (Jauni Newborn Kit), which are single use and hold the Jauni system kit during treatment.

Traction and growth 

Pre-commercial traction is the entry point for the commercialization. We managed:

  • Successful completion of pre-commercial studies for publication of superiority in natural care and usability.
  • 150 leads, 18 Buy & Try intentions and 7 research requests is the result from European jENS conference.
  • 85 leads come from the European Union and 11 from the United Kingdom
  • In addition, there is a strong commercial interest from two hospital chains, one in the USA and one in Saudi Arabia.


The company will launch in The Netherlands in 2025, followed by Germany and the Nordics. Expansion to Asia and the Middle East is planned in the future through distributors and strategic partnerships.

Bilihome is targeting the €3 billion global jaundice treatment market with a scalable, low-CapEx model and growing international recognition.

Company info 

Company name: Bilihome B.V.
Managing director: Margret Huenerbein
Business ID number: 75075938
Founding year: 2019
Address: Van Siburgstraat 34
3863 HW Nijkerk
The Netherlands
Industry: MedTech
Number of employees: 7
Website: bilihome.org
Social media:

                

Products and services

Family

Bilihome offers two integrated products that combine smart medical technology with family-centered care: the Jauni Wearable Phototherapy system, a lightweight, wearable device for treating neonatal jaundice while keeping babies close to their parents, and the Remote Care App, a digital tool that guides parents through home treatment while allowing healthcare staff to monitor progress remotely. Together, they deliver continuous, clinically validated therapy with lower costs for hospitals and a more comforting experience for families.

Certifications

The Jauni Wearable Phototherapy system is Bilihome’s patented medical device designed to treat neonatal jaundice while keeping babies close to their parents. It replaces traditional incubator-based treatments with a lightweight, wearable solution that delivers continuous, clinically validated light therapy in both hospital and home settings.

The system is made up of three integrated components:

1. Jauni System Kit

A wearable device that produces blue light for phototherapy. It contains integrated dual-light pads that ensure optimal light coverage and a passive cooling system for safe, quiet operation. CE Class IIa approval is expected in 2025.

Jauni System KIT

2. Jauni Newborn Kit

A soft, single-use organic romper that holds the light pads close to the baby’s skin. It is CE-certified (Class I) and designed for comfort and safety.

Jauni Newborn Kit

3. Instructional materials

Clear visual guides and instructions are included in multiple formats, making it easy for both hospital staff and parents to use the device correctly.

App

The Jauni system allows babies to receive continuous treatment even during breastfeeding or diaper changes, avoiding unnecessary interruptions. Its special light-shielding fabric eliminates the need for eye goggles, making the experience more comfortable for newborns. The device is lightweight, easy to handle, and comes with clear instructions, ensuring safe and intuitive use for both medical staff and parents. Thanks to the snug-fitting organic romper, babies can remain in close contact with their parents throughout the treatment, supporting bonding and emotional wellbeing. 

The Remote Care Service extends Bilihome’s solution into the home by connecting parents and healthcare providers through a digital interface. The companion Remote Care App gives parents clear, step-by-step instructions and lets them log key health indicators such as feeding frequency, diaper output, and general wellbeing.

Meanwhile, hospital staff can remotely monitor this data through a secure professional dashboard, ensuring that treatment remains safe, supported, and consistent with hospital standards.

Business model

Mom and baby

Bilihome has developed a business model that combines medical impact with economic efficiency — generating revenue through a mix of device sales, recurring pay-per-use services, and long-term service agreements with hospitals. This model not only supports rapid market entry, but also provides a strong foundation for sustainable growth.

Direct sales in Europe 

In core European markets, Bilihome will market and distribute directly to hospitals. The rollout will begin in the Benelux in 2025, followed by Germany and the Nordics in 2026, and expansion to the UK and France in 2027. Italy and Spain will be covered through exclusive local distribution partners. 

Global distribution through strategic partners 

Outside of Europe, Bilihome will work with local distribution partners, starting in 2026. These include: 

  • Saudi Arabia and the Emirates, where hospitals have directly invited Bilihome to pilot and launch the solution after local regulatory approval 

  • The United States, following a completed trial with a major hospital group 

  • India, China, and Indonesia, where Bilihome has gained early traction through clinical trials, visibility from winning the Design Intelligence Award, and strong regional interest 

The first revenues from Asia are expected in 2028, after the establishment of a regional supply chain. 

Design Intelligence Award

Red Dot Award

Rabobank Award

Clinical services and care path transition 

In all markets, Bilihome supports hospitals in transitioning care pathways from NICUs and incubators to maternity wards or home-based care, depending on national practices. This transformation improves hospital efficiency and patient-family experience. 

Revenue model 

Bilihome earns revenue through three core streams: 

  • Device sales to hospitals 
  • Recurring revenue from single-use newborn treatment kits, required for each jaundice case 
  • Service fees for care pathway implementation and hospital onboarding 

Each treatment replaces the need for an incubator and provides hospitals with a flexible, scalable, and patient-friendly alternative to traditional phototherapy. 

Market

Statistics

Jaundice is  the 7th most common medical condition in newborns. Around 60% of term babies and 80% of preterm babies will develop jaundice in the first week of life. Whereas most of the newborns recover without treatment, 10.5% of all newborns globally need to be treated with blue light phototherapy. This counts for 14 million newborns, which means every 2.3 seconds one newborn needs treatment.

Market Size and Growth

  • Total Addressable Market: With a global healthcare expenditure of €3 billion in this space, there is strong potential to scale Bilihome internationally. Each year, 14 million newborns worldwide require phototherapy, highlighting a substantial and growing need for effective solutions.

  • Serviceable Addressable Market (SAM): Estimated at €1.3 billion, based on 4.2 million newborns in Europe, North America, and Southeast Asia.

  • Serviceable Obtainable Market (SOM): Estimated at €142 million, with a focus on reaching 275,000 newborns annually in the European Union alone.

Growth:

  • The phototherapy market is expected to grow by approximately 6.5% per year, driven by rising birth rates, improved diagnostics, and increasing demand for treatments that allow parents and babies to stay together.
  • Still, 50% — or 7 million newborns — are not adequately treated, presenting a growing opportunity for societal impact, particularly in Africa, Southeast Asia, China, and India.

Competitive Landscape

There is currently no scalable, wearable solution that enables effective jaundice treatment without separating newborns from their caregivers. Bilihome’s miniaturized, wearable phototherapy device offers a unique, patient-centric approach to natural care with zero separation.

Bilihome addresses this gap with a clinically validated, fully mobile solution suitable for both hospital and home use.

The company is well positioned to lead a shift away from intrusive clinical care, such as incubators or bulky fiber optic systems, toward family-integrated care. This approach aligns with global healthcare trends that prioritize early discharge and home-based treatment, while reducing the risk of hospital readmissions.

Bilihome’s solution is complemented by a Remote Care application that guides parents through each step of the treatment process.

Impact

The Sustainable Development Goals (SDGs or 'Global Goals') are part of the UN 2030 Agenda for Sustainable Development and constitute the international framework for sustainable development until 2030. These SDGs are intended to put an end to poverty, inequality, and climate change.

SDG 3: Good health and well-being

Bilihome promotes inclusive and high-quality healthcare for newborns by enabling jaundice treatment without separating infants from their parents. Its wearable phototherapy solution improves bonding, supports breastfeeding, and reduces the need for hospitalization and NICU stays, leading to better health outcomes and family-centered care. 

By shifting treatment from high-resource hospital settings to maternity wards or the home, Bilihome also supports more efficient use of healthcare resources, reduces stress on caregivers, and empowers healthcare systems to deliver accessible, dignified care for every newborn. 

Bilihome’s innovation not only improves clinical outcomes; it enhances the emotional and psychological well-being of both infants and parents during the critical first days of life. 

Management

  

Margret Heunerbein, CEO

Margret Huenerbein

CEO & Co-Founder

Margret is a biomedical engineer with an international MBA and 15 years of international med-tech product-management leadership at Dräger and Philips. She has repeatedly turned complex medical innovations into market-ready devices adopted by hospitals worldwide, leading cross-functional teams through design, clinical validation, and global launch. At Bilihome she shapes strategy, secures funding, builds key hospital partnerships, and steers the regulatory roadmap. Her blend of technical depth, commercial insight, and global network is driving Bilihome from development stage into fast-paced commercial growth.

  

Rick Wielens, Co-founder

Rick Wielens

Co-founder & Head of Operations

Rick Wielens brings over two decades of leadership in innovation, supply chain management, and ecosystem development from roles at Philips, SAP, and NineSigma Europe. His personal experience with neonatal jaundice, when his newborn son underwent isolating treatment, inspired the creation of Bilihome’s wearable phototherapy solution. At Bilihome, Rick leverages his extensive background to oversee operations, scale production, and build strategic partnerships. His unique mix of lived experience and strategic leadership is instrumental in driving Bilihome’s mission to transform neonatal care.

  

Ronald van Doorn, Chief Program and Quality Officer

Ronald van Doorn

Chief Program & Quality Officer

Ronald van Doorn brings over 25 years of experience in medical device development and quality management, with a strong background in mechanical engineering and industrial automation. His career includes significant roles at VIASYS Healthcare and Relitech, where he led multidisciplinary teams through complex product development cycles. As the founder of Tecaid B.V., Ronald provided consultancy and interim management services, specializing in product development and quality management for medical devices. At Bilihome, he oversees program execution and regulatory compliance, ensuring that the company's wearable phototherapy solutions meet stringent medical standards. His expertise is instrumental in guiding Bilihome's products from concept to market, aligning innovation with regulatory requirements to deliver safe and effective neonatal care solutions.

  

Lars Ottenvanger, CFO

Lars Ottenvanger

Chief Financial Officer

Lars combines entrepreneurial experience with a solid background in finance and venture capital. He holds a degree in medical biology and has a strong interest in the application of science and technology.

In the early stages of his career, he co-founded SurGuide, a medtech company that was later acquired by RiverD. He then joined MD Squared, where he specialized in regulatory-related business development support for health tech startups.

His scientific background is complemented by a Master’s degree in Science-Based Business and additional financial education. With his entrepreneurial mindset, Lars enjoys tackling challenges related to a company’s financial health.

He recently became a partner at F.Institute, where he now serves as part-time Chief Financial Officer for Bilihome.

Distribution of company shares

Bilihome maintains a transparent and balanced shareholder structure that aligns long-term incentives and brings together deep sector expertise, operational commitment, and strategic growth support.

The founders collectively hold over 30% of the company, demonstrating strong personal commitment and long-term belief in Bilihome’s mission and success. CEO Margret Huenerbein and CCO Rick Wielens are both active shareholders through their respective companies, Anyango HealthDisrupt (16.70%) and LedSkin (12.76%), ensuring that leadership remains fully aligned with investor interests.

Beyond the founding team, Bilihome is supported by three strategic institutional shareholders:

  • Oost NL with their two funds (MKB Kredietfaciliteit Gelderland B.V. 20.56 % and Innovatie-en Energiefonds Gelderland B.V. 5.47%): The regional development agency of East Netherlands brings not only growth capital, but also access to a strong regional and public innovation network. Oost NL actively supports Bilihome’s scaling efforts and its broader societal impact goals.
  • Health Innovations (26.03%): As a healthcare-focused venture capital fund, Health Innovations contributes deep industry knowledge, access to medical networks, and strategic guidance tailored to medtech scale-ups. Their involvement strengthens Bilihome’s positioning in the clinical and reimbursement landscape.

  • NLC Pooling BH B.V. (18.48%): As part of NLC, Europe’s leading healthtech venture builder, this shareholder represents the early innovation platform that helped build Bilihome. Their experience in validating clinical solutions and accelerating ventures from idea to market adds tremendous value to Bilihome’s operational and strategic execution.

Together, these shareholders form a well-rounded and synergistic ownership base, combining entrepreneurial drive, medtech expertise, institutional credibility, and long-term vision, all critical components to support Bilihome’s growth journey and international scaling strategy.

Shareholder

Shares

1 MKB Kreditfaciliteit Gelderland BV (OostNL) 26.03%
2 Health Innovations 26.03%
3 NLC Pooling BH B.V.

18.48%

4 Anyango HealthDisrupt (Margret Huenerbein CEO & Co-founder is 100% shareholder) 16.70%
5 LedSkin (Rick Wielens CCO & Co-founder is 25% shareholder) 12.76%
TOTAL 100.00 %

Company structure

Investors in this round will acquire shares in Bilihome B.V., the parent company registered in the Netherlands. There are no intermediate holding entities or subsidiaries involved.

Use of funds

Bilihome is on the verge of transitioning from a research-focused company to a commercial one. To support this transition, the company plans to raise €5 million. The majority of the funds will be allocated to sales efforts, leading to increased staffing and general administrative costs. Approximately 10% of the funding will be used for further research and development and product life cycle activities. The goal is to make the company profitable by 2027.

Even in the minimum funding scenario, this round is expected to bring Bilihome to break-even. No further investments are expected to be necessary if everything goes according to plan.

Of the total amount, €3.8 million is targeted from crowd investors. This will be complemented by €1.2 million in commitments from anchor investors.

The round is supported by Health Innovations, Oost NL, and the management team. Together, they have committed up to €1.2 million following thorough technical, commercial, and regulatory due diligence.

The funding will be used to expand the team, drive sales, support hospital implementation, and complete the necessary regulatory approvals.


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Minimum scenario

(€1.95 million collected in the financing round, €750,000 by crowd investors, €1.2 million by anchor investors)

  • 25%  Product certification & manufacturing: Fiinalize regulatory and country registrations in Europe and initiate production.
  • 30%  Commercial launch (Benelux): Initial sales activities in the Netherlands and Belgium, plus pre-marketing in Germany and Nordics.
  • 17%  Team & operations: Build a lean team focused on sales, clinical onboarding, and basic operational support.
  • 20%  International pilots & regulatory prep: Engage pilot hospitals and distributor partners in UAE & Saudi Arabia; begin FDA pre-submission process.
  • 8%    Contingency / Strategic reserve: Buffer for delays, market volatility, or supply chain risks.

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Medium scenario

(€3.5 million collected in the financing round, €2.3 million by crowd investors, €1.2 million by anchor investors)

  • 28%  Sales & market expansion: (EU Focus) Commercial execution in NL, Germany, Nordics, and demand generation via pilots, events, and digital outreach.
  • 18%  Customer support & operations: Build internal onboarding, training, logistics, and service functions for scalable implementation.
  • 16%  R&D, regulatory & certification product development: (EU, US, UK) finalize regulatory and country registrations, prepare for FDA and UK regulatory filings.
  • 25%  Product finalization & digital platform: Final hardware and software improvements, especially Remote Care App features and safety layers.
  • 13%  General & administrative management: finance, legal, and systems to support growing team and compliance.

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Maximum scenario

(€5 million collected in the financing round, €3.8 million by crowd investors, €1.2 million by anchor investors)

  • 30%  Sales & global market expansion: Full EU rollout (Netherlands, Germany, Nordics), marketing, key opinion leaders activation, and pilots in India, Indonesia, UK, UAE.
  • 20%  Customer support & operational scaling: Expand onboarding, technical support, logistics, and training infrastructure.
  • 15%  R&D, regulatory & certification: (Global) Product development, finalize regulatory and country registration, submit FDA 510(k), and begin UK, Indian, and Indonesian pathways.
  • 22%  Product & digital platform: Enhancement Hardware refinements and software scalability: multi-language support, security, clinical dashboards.
  • 13%  General & administrative operational: Backbone including HR, legal, finance, IT, and executive oversight.


Financial figures & growth

Actual and planned figures

Get an insight into bilihome's financial figures, such as turnover and earnings development. Learn more about the growth forecast.

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Valuation

Bilihome enters this funding round with a pre-money valuation of €8 million, which is shared by both crowd investors and anchor investors, ensuring equal terms for all participants.

Icon Money

Why this valuation is justified:

  • Advanced stage of development
    The product is clinically evaluated, the garment is CE-certified, and CE Class IIa approval for the wearable device is expected in 2025.
  • Strong institutional backing
    The same valuation has been accepted by experienced investors Health Innovations, OostNL, and NLC Ventures after detailed technical and commercial due diligence.
  • Scalable business model
    With device sales, recurring pay-per-treatment revenue, and a clear cost-saving proposition for hospitals, Bilihome is positioned for sustainable growth and attractive margins.
  • Market entry readiness
    The company is transitioning from development into commercial rollout, with pilot projects already launched in key European hospitals.

This round represents the first opportunity for external investors to participate at a stage where clinical validation is in place, market demand is proven, and commercial scale-up is about to begin.


In addition to the loans listed under Outstanding Loans, Bilihome has raised capital through several equity and convertible loan funding rounds:

  • Pre-Seed round:

    • LedSkin – €70,000 (convertible loan, fully converted)

    • NLC – €235,000 (convertible loan, fully converted)

  • Seed round:

    • Health Innovations – €750,000 (equity)

    • OostNL – €750,000 (equity)

  • Series A round:

    • OostNL – €324,000 (convertible loan, fully converted)

    • Health Innovations – €324,000 (convertible loan, fully converted)

    • LedSkin BV – €104,000 (convertible loan, fully converted)

    • Anyango HealthDisrupt – €81,000 (convertible loan including accrued interest; €35,000 converted, €46,000 repaid)

Exit scenarios

Bilihome operates in a high-growth, innovation-driven sector where exit opportunities are common through acquisition, strategic investment, or secondary transactions. Below are three realistic pathways for investor returns: 


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Strategic acquisition (within 5 years): A trade sale to a large international medical technology or healthcare company is the most common exit path in this sector. Bilihome operates in the neonatal and maternal care segment, which includes several billion-euro global players actively seeking innovative devices and care models. These companies are often looking to integrate clinically validated, scalable solutions into their existing portfolios. Bilihome's zero-separation phototherapy technology, strong clinical validation, and recurring revenue model position it as an attractive acquisition target as soon as CE marking and early commercial traction are achieved. 

Alternative scenarios:

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Private equity buy-and-build: Specialized investment funds focused on healthcare and medtech represent another likely exit path. These funds, often headquartered in the U.S. or Southeast Asia, frequently seek growth-stage companies preparing for market expansion or regulatory approval in high-potential markets. With FDA preparation and international regulatory milestones underway, Bilihome offers strong appeal for such investors. This scenario may involve a buyout of early investors or continued participation through dividend-paying preference shares. 

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Public offering (IPO): A longer-term possibility is a public listing on a European growth exchange such as Euronext or Nasdaq First North. This would require multi-market revenue, a mature organizational structure, and proven scalability. As Bilihome expands globally and builds recurring revenue from device and kit sales, an IPO may become an attractive route for scaling while offering liquidity to early shareholders. 


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UPDATE on 12.06.2025: Why Invest in Jaundice Care for Zero Separation?

In this short video, CEO Margret Huenerbein explains why investing in Bilihome means contributing to better care, stronger families, and a more efficient healthcare system: 
 


Bilihome has recently achieved key milestones - ISO 13485 certification, two successful clinical trials, and recognition through three innovation awards. With over 150 hospitals already in the sales pipeline and a committed core team, the company is well-positioned to scale.

A €3.5 million investment will enable Bilihome to ramp up production and distribution, tapping into a €3 billion global market for neonatal jaundice treatment. The goal: to achieve up to five-fold valuation growth while delivering measurable impact and attractive return potential.

This is an opportunity to help redefine jaundice care - keeping newborns close to their families, reducing healthcare costs, and improving outcomes worldwide.

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